Greece seeks to reassure Europe as tensions rise


ATHENS - New Greek Prime Minister Alexis Tsipras, striking a conciliatory note on debt talks after a turbulent start to office, has called the European Central Bank chief to assure him that Athens was seeking an agreement. | Video


Germany, ECB play hard ball with Greece 31 Jan 2015

BERLIN/HELSINKI - German Chancellor Angela Merkel ruled out a debt writedown for Greece on Saturday, and a European Central Bank policymaker threatened to cut off funding to Greek banks if Athens does not agree to renew its bailout package.

Greek minister wants to link debt payments to growth - Der Spiegel 31 Jan 2015

BERLIN - Greece's economy minister said it would be better to link the country's debt repayments to its economic growth rate as it needs a feasible solution to bring its sovereign debt under control.


Spain's anti-austerity Podemos stages show of force before elections 31 Jan 2015

MADRID - Tens of thousands marched in Madrid on Saturday in the biggest show of support yet for Spanish anti-austerity party Podemos, whose policies and surging pre-election popularity have drawn comparisons with Greece's new Syriza rulers.


Greek finance minister seeks support as EU tensions rise 31 Jan 2015

ATHENS - Greek Finance Minister Yanis Varoufakis brought forward a planned meeting with his French counterpart to Sunday, amid signs of widening differences between the new leftwing government in Athens and its international creditors.


Greek emergency funding would be a decision for ECB council - Constancio 31 Jan 2015

CAMBRIDGE, England - ECB Vice-President Vitor Constancio said on Saturday that a decision on whether to give Greece emergency funding would be up to the central bank's Governing Council.


ECB's Liikanen - No lending to Greek banks if no deal by end of February 31 Jan 2015

HELSINKI - A deal on extending Greece's bailout deal must be found by the end of February or the European Central Bank will not be able to continue lending to its banks, ECB council member Erkki Liikanen said on Saturday.

Berlin says fresh Greek aid 'not on agenda', denying media report 30 Jan 2015

BERLIN - Germany's Finance Ministry denied on Friday a media report that Berlin would be ready to discuss a new aid package for Greece of up to 20 billion euros if the new leftist Greek Prime Minister Alexis Tsipras accepted supervised economic reforms.

Greece sacks heads of privatisation agency 30 Jan 2015

ATHENS - Greece's new leftwing government has asked the heads of the state privatisation agency to resign after halting state asset sales agreed under the international bailout programme, the agency's chief executive Paschalis Bouchoris said on Friday.

Greek government expected to avoid tax clash with shipping tycoons 30 Jan 2015

LONDON/ATHENS - While Greece's new leftist government seems set on a collision course with the European Union, it is likely to steer clear of confronting the country's critical shipping industry.